On average, listings lease in the $0's per square foot per year. The South Coast Metro submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $51 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 24 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,170 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 12 floors. Most buildings in this market were built in 1984 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst South Coast Metro occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.